Analysts' opinions are just that, opinions. Yet more and more are suggesting that the market grossly over-reacted to Genworth's charge against earnings to bolster LTC policyholder reserves.
I strongly believe that LTC policyholders - and those who still need to buy LTC insurance - should see Genworth's actions as GOOD NEWS, and that policyholder security should be evaluated differently than an investor's returns. But it's also helpful to recognize - both insurance buyers and stock investors - that news and short-term market swings need to be taken in context with long-term goals.
Read the Barrons report about Raymond James' upgrade by clicking the following link:
This information is not intended to be investment advice, nor a solicitation to buy or sell any particular stock or investment, but is presented as information about LTC insurance.
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